Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor. Citing “changing business conditions” and the return of CEO Bob Iger, Josh D’Amaro, chairman…
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Business
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Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor. Citing “changing business conditions” and the return of CEO Bob Iger, Josh D’Amaro, chairman…
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Business
Target wrestles with pullback in spending and theft that may cost it more than $1B this year
Target on Wednesday reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period. The Minneapolis company is dealing with rising costs, which includes rising theft as a big…
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Declaring a mission to liberate “Taco Tuesday” for all, Taco Bell is asking U.S. regulators to force Wyoming-based Taco John’s to abandon its longstanding claim to the trademark. Too many businesses and others refer to…
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Business
More than 200,000 Jeep Cherokee SUVs recalled because they can catch fire when engine is off
DETROIT — Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even when the engines are off.…
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Wells Fargo & Co. has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. U.S. District…
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Business
Hundreds of U2 fans didn’t know the seats they were buying for Las Vegas residency had limited views
Hundreds of people who bought tickets for U2’s Las Vegas residency are being offered refunds after learning their seats had obstructed views of the event venue’s screen. Show organizers realized during a production review that…
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The U.S. Virgin Islands issued a subpoena to Tesla CEO Elon Musk seeking documents for that government’s lawsuit against JPMorgan Chase over sex trafficking by the bank’s late longtime customer Jeffrey Epstein, a court filing revealed Monday. That filing said the Virgin Islands has tried unsuccessfully to serve Musk…
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Tesla CEO Elon Musk lost an appeal to unwind parts of a consent decree that he and the automaker struck with the Securities and Exchange Commission to settle civil securities fraud charges in 2018. The…
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China’s market regulator said Tesla Inc. will fix software in more than 1 million vehicles to reduce the chance of accidents, the regulator said on Friday. The action is described as a product recall under Chinese…